Seller's Agent in 2023
Judy Nimz
Michael Saunders
(941) 374-0196
2 in this area
126 Total Sales
4995 Gulf of Mexico Dr Unit 502 Longboat Key, FL 34228
Estimated Value: $4,244,000 - $6,325,000
3
Beds
3.5
Baths
3,319
Sq Ft
$4,520/mo
HOA Fee
Highlights
- 1,500 Feet of Waterfront
- Beach View
- Fitness Center
- Anna Maria Elementary School Rated A-
- Water access To Gulf or Ocean
- Cabana
About This Home
As of October 2023Welcome to the epitome of luxury living on Longboat Key! Nestled right on the Gulf, this stunning condo in the exclusive beachfront community of Positano is an absolute dream for anyone looking for a piece of paradise. With sensational unobstructed views of the Gulf of Mexico, this condo offers the perfect combination of luxury, comfort & convenience, with the feel of a private beachfront home. From the moment you step inside, you’ll be captivated by the exquisite interior design & furnishings curated by renowned Sarasota designer, Sally Trout. Every inch of this condo has been thoughtfully designed to create a harmonious blend of elegance & comfort. Spanning an impressive 3300+ square feet, this spacious retreat provides ample room for relaxation & entertainment and boasts a host of architectural features to enhance the open-concept, light-filled residence. Double-entry doors in the private elevator foyer open to the elegant dining & living area with custom built-in entertainment wall, multiple glass sliders lead out to the expansive wraparound terrace. Watch breathtaking sunsets & mesmerizing turquoise waters, while hosting family & friends. Seamlessly flowing into the heart of the home, the gourmet kitchen is complete with high-end finishes & plenty of space for cooking & entertaining. The master suite is a true oasis. With tall sliding doors leading out the main terrace, a large walk-in custom closet & an en-suite bathroom that features a jetted tub, marble shower and His and Hers vanities with separate make-up area. Two additional en-suite guest bedrooms each have private terraces & large walk-in closets. Tucked on the east side of the home, the den is the perfect home office with custom built desk & shelves. This residence has a private, oversized 2-car garage with room for a workbench and exterior entrance. All windows are impact glass! Positano is situated on 750’ of pristine beachfront on the Gulf of Mexico, has 24-hour attended gatehouse security, on-site property manager, & an array of upscale amenities including a 75’ Olympic-style lap pool, expansive pool deck with cabanas, outdoor grills, community room, well-equipped fitness center & private beach access. Longboat Key itself is a highly sought-after location, recognized for its pristine beaches, world-class restaurants & shopping, & lavish amenities. Known for its beautiful & exclusive lifestyle, this residence is no exception.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0575690 Listed on: 09/22/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $48,729
Year Built
- Built in 2007
Lot Details
- 1,500 Feet of Waterfront
- 750 Feet of Ocean or Gulf Waterfront
- 750 Feet of Public Beach Waterfront
- Cul-De-Sac
- East Facing Home
- Mature Landscaping
- Oversized Lot
- Landscaped with Trees
HOA Fees
- $4,520 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Ground Level Parking
- Garage Door Opener
- Driveway
- Parking Garage Space
Property Views
- Beach
- Full Gulf or Ocean
Home Design
- Custom Home
- Florida Architecture
- Entry on the 3rd floor
- Block Foundation
- Slab Foundation
- Stem Wall Foundation
- Tile Roof
- Concrete Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 3,319 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Furnished
- Built-In Features
- Bar Fridge
- Dry Bar
- Crown Molding
- High Ceiling
- Ceiling Fan
- Insulated Windows
- Shades
- Shutters
- Drapes & Rods
- Sliding Doors
- Family Room Off Kitchen
- Formal Dining Room
- Den
- Storage Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Travertine
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Security Gate
Outdoor Features
- Cabana
- Water access To Gulf or Ocean
- Deeded access to the beach
- Balcony
- Wrap Around Porch
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Zoned Heating and Cooling
- Humidity Control
- Heat Pump System
- Underground Utilities
- Natural Gas Connected
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 8009701459
Community Details
Overview
- Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, private road, recreational facilities, trash, water
- Teal White Association, Phone Number (941) 383-5400
- Built by Capri
- Positano Subdivision
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Community Mailbox
- Community Storage Space
- Elevator
Recreation
- Recreation Facilities
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets up to 100 lbs
- 2 Pets Allowed
Security
- Card or Code Access
- Gated Community
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2018
Sold by
Eastment Christine A and Eastmentiii George T
Bought by
Eastment Christine A and Eastment George T
Current Estimated Value
Purchase Details
Closed on
Sep 23, 2010
Sold by
Castell John S
Bought by
Eastment George T and Eastment Christine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2007
Sold by
Positano Llc
Bought by
Castell John S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eastment Christine A | -- | Attorney | |
| Eastment George T | -- | Attorney | |
| Eastmenet Christine A | -- | Attorney | |
| Eastment George T | $2,850,000 | Msc Title Inc | |
| Castell John S | $2,550,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eastment George T | $1,440,000 | |
| Previous Owner | Eastment George T | $1,625,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2023 10/23/23 | Sold | $5,500,000 | 0.0% | $1,657 / Sq Ft |
| 09/23/2023 09/23/23 | Pending | -- | -- | -- |
| 09/22/2023 09/22/23 | For Sale | $5,500,000 | -- | $1,657 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $67,976 | $3,935,500 | -- | $3,935,500 |
| 2024 | $67,976 | $4,445,500 | -- | $4,445,500 |
| 2023 | $52,328 | $3,527,500 | $0 | $3,527,500 |
| 2022 | $48,729 | $3,286,500 | $0 | $3,286,500 |
| 2021 | $42,134 | $2,600,000 | $0 | $2,600,000 |
| 2020 | $44,450 | $2,600,000 | $0 | $2,600,000 |
| 2019 | $44,053 | $2,600,000 | $0 | $2,600,000 |
| 2018 | $44,347 | $2,600,000 | $0 | $0 |
| 2017 | $39,625 | $2,519,500 | $0 | $0 |
| 2016 | $36,730 | $2,265,000 | $0 | $0 |
| 2015 | $30,409 | $2,200,000 | $0 | $0 |
| 2014 | $30,409 | $1,745,328 | $0 | $0 |
| 2013 | $28,275 | $1,694,493 | $1 | $1,694,492 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Nimz
-
Donna Wrobel
Buyer's Agent in 2023
Donna Wrobel
BERKSHIRE HATHAWAY HOMESERVICE
(941) 518-7950
1 in this area
105 Total Sales
Map
Source: Stellar MLS
MLS Number: A4580414
APN: 80097-0145-9
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 4835 Gulf of Mexico Dr Unit 106
- 4835 Gulf of Mexico Dr Unit 302
- 5005 Gulf of Mexico Dr Unit 5
- 4825 Gulf of Mexico Dr Unit 304
- 4840 Gulf of Mexico Dr Unit Villa 15
- 4805 Gulf of Mexico Dr Unit 105
- 4765 Gulf of Mexico Dr Unit B202
- 5055 Gulf of Mexico Dr Unit 115
- 5055 Gulf of Mexico Dr Unit 422
- 4725 Gulf of Mexico Dr Unit 212
- 4800 Gulf of Mexico Dr Unit 204
- 4800 Gulf of Mexico Dr Unit 205
- 4500 Gulf of Mexico Dr Unit 202
- 4968 Gulf of Mexico Dr Unit Villa 22
- 5125 Gulf of Mexico Dr Unit 4
- 5155 Gulf of Mexico Dr Unit 9
- 4651 Gulf of Mexico Dr Unit 402
- 4621 Gulf of Mexico Dr Unit 2F
- 4621 Gulf of Mexico Dr Unit 19B
- 4621 Gulf of Mexico Dr Unit 16B
- 4985 Gulf of Mexico Dr Unit 401
- 4985 Gulf of Mexico Dr Unit 402
- 4985 Gulf of Mexico Dr Unit 404
- 4995 Gulf of Mexico Dr Unit 501
- 4985 Gulf of Mexico Dr Unit 403
- 4995 Gulf of Mexico Dr Unit 500
- 4955 Gulf of Mexico Dr Unit 103
- 4955 Gulf of Mexico Dr Unit 101
- 4965 Drive
- 4955 Drive
- 4985 Drive
- 4975 Drive
- 4965 Gulf of Mexico Dr Unit 202
- 4965 Gulf of Mexico Dr Unit PH206
- 4965 Gulf of Mexico Dr Unit 205
- 4965 Gulf of Mexico Dr Unit 203
- 4965 Gulf of Mexico Dr Unit 204
- 4975 Gulf of Mexico Dr Unit 305
- 4975 Gulf of Mexico Dr Unit 302
- 4975 Gulf of Mexico Dr Unit 306